SB 983
Prohibits the State Tax Commission from raising agricultural land productive values over certain amounts
Sponsor:
LR Number:
5337S.01I
Last Action:
3/9/2020 - Hearing Conducted S Agriculture, Food Production and Outdoor Resources Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2020

Current Bill Summary

SB 983 - This act prohibits the State Tax Commission from promulgating a rule increasing agricultural land productive values by more than two percent over the value in effect prior to the rule change or by more than eight percent over the lowest value in effect in any of the ten years prior to the rule change.

This act is identical to HB 2321 (2020) and to a provision contained in HCS/SS/SCS/SB 570 (2020), and is substantially similar to SB 548 (2018), HB 1721 (2018), SB 364 (2017), HCS/HB 1036 (2017), SS/SB 543 (2014), and HB 2178 (2014), and to a provision contained in HCB 16 (2018) and HCS/HB 1640 (2014).

JOSH NORBERG

Amendments

No Amendments Found.